Perfect World Beta Launches &amp; New Trailer Released

August 19, 2008

PERFECT WORLD INTERNATIONAL
LAUNCHES CLOSED BETA

Popular MMORPG Redefines
Free-To-Play Game Space with Premium Content

Perfect World Entertainment Inc. ("PWE"
or the "Company"), a wholly owned US subsidiary of Perfect World Co., Ltd.,
today announced the closed beta for its highly anticipated online game "Perfect
World International" has now officially launched. Beginning today, registered
gamers will have the opportunity to fully immerse themselves in the expansive
game world and experience "Perfect World International" prior to its open beta
this fall.

"Today's beta launch is an exciting
milestone for us as it provides the opportunity for North American gamers to
receive their first introduction to Perfect World International," said Dr. Alan
Chen, CEO of Perfect World Entertainment Inc. "Providing early access to the
full game underscores our commitment to customer satisfaction while
demonstrating the well-designed, high quality entertainment experience that
gamers can expect from Perfect World International."

"Perfect World International" is the
English-based, international version of Perfect World II. With millions of
players worldwide, the game has been heralded as one of the most successful 3D
MMORPGs in a number of countries. "Perfect World International" offers an
immersive online world with three unique races and six different classes; all
the while maintaining its free-to-play business model. In addition, it boasts
one of the most in-depth character creation interfaces known to date, numerous
quests full of lore and depth, and an extensive selection of customizable
fashion items.

Fans of PVP will also enjoy
Territory Wars, a unique feature in "Perfect World International" in which
guilds fiercely compete in weekly battles to dominate certain parts of the
world. The victors walk away with a great deal of reward in addition to the many
added benefits that the conquered territory provides.